(OTCQB: MNTR) announced that in an all cash transaction it has purchased a 25.127 net royalty acre portion of a producing 71 well pooled project in the West Texas Permian Basin. Mentor’s ...

Midland, Texas, a city in the heart of the Permian Basin, is a thriving community heavily reliant on the oil and gas industry, with the Permian Basin being a major contributor to US oil production.

The Indonesian partner of the Italian oil and gas company Eni S.p.A. is considering the possibility of selling a minority stake in a gas block in Sumatra (Indonesia). This is reported by foreign media ...

Trade policies and market volatility are threatening US oil production growth, particularly in the Permian Basin, as companies ... which found oil and gas executives to be worried about the ...

NEW YORK/HOUSTON, March 27 (Reuters) - U.S. oil producers are grappling with geological limits to production growth as the country's top oilfield ages and produces more water and gas and less oil ...

Higher gas-to-oil ratio and water-to-oil ratio in the Permian suggest that some formations in the basin are reaching geological constraints, and more drilling isn’t necessarily proportionate to ...